Loading...

CONVENTIONAL & FHA MANUFACTURED HOUSING MORTGAGES

We understand the unique ins and outs that financing manufactured homes present.

Our Conventional & FHA Manufactured Housing mortgages are designed to make home ownership affordable for Purchases, and Rate/Term. We understand the unique ins and outs that financing manufactured homes present, that’s why we provide mortgages that are specifically aimed at making home ownership affordable for these types of homes.

All manufactured homes must have the original title surrendered in accordance with applicable state law and be titled and taxed as real property prior to closing for both Conventional and FHA loans. All loans must score Approve/Eligible or Accept through DU or LPA.

Conventional Highlights:

  • Primary Homes and Second Homes
  • Purchase, Rate-Term:
    Maximum LTV 95%
    Minimum FICO 660
  • Cash-Out: Not permitted
  • PUDs Eligible

FHA Highlights:

  • Primary Homes
  • Fixed Rate Only
  • Purchase, Rate-Term and Simple Refi, and Credit Qualifying Streamline:
    Maximum LTV 96.5%
    Minimum FICO 680
    Maximum DTI 45%
  • Cash-Out: Not permitted
  • PUDs eligible